Business Separation Agreements

Companies use business separation agreements to spin-off a subsidiary as a separate business, sometime in anticipation of an initial public offering (IPO). The agreement will specify which assets and liabilities will be transferred to the subsidiary, and may be accompanied by other agreements that deal with employee matters, transition services or the licensing of shared intellectual property patents or trademarks.

Research Business Separation Agreements

Business Separation Forms

Business Separation Agreements

Master Transaction Agreement - Time Warner Entertainment - Advance/Newhouse Partnership, Time Warner Entertainment Co. LP, Paragon Communications and Advance/Newhouse Partnership (Aug 1, 20002)
Separation Agreement - TripAdvisor and Expedia Inc. (Dec 20, 2011)
Master Separation and Distribution Agreement - Motorola Inc. and Motorola Mobility Inc. (Jul 31, 2010)
Separation and Distribution Agreement - APP Pharmaceuticals Inc., APP Pharmaceuticals LLC, Abraxis BioScience LLC and New Abraxis Inc. (Nov 13, 2007)
Employee Matters Agreement - APP Pharmaceuticals Inc., APP Pharmaceuticals LLC, Abraxis BioScience LLC, and New Abraxis Inc. (Nov 13, 2007)
Split-Off Agreement - RedRoller Holdings Inc., Tina Sangha, Aslahan Web Services Inc. and RedRoller Inc. (Nov 2007)
Master Transaction Agreement - United Online Inc. and Classmates Media Corp. (2007)
Employee Matters Agreement - United Online Inc. and Classmates Media Corp. (2007)
Technology Services Agreement - United Online Inc. and Classmates Media Corp. (2007)
Framework Agreement - Visa Europe Ltd., Visa Inc., Visa International, Visa USA and Inovant LLC (2007)
Tax Matters Agreement - Clear Channel Communications Inc., CCE Spinco Inc. and CCE Holdco #2 Inc. (Dec 21, 2005)
Employee Matters Agreement - Clear Channel Communications Inc. and CCE Spinco Inc. (Dec 21, 2005)
Master Separation and Distribution Agreement - Clear Channel Communications Inc. and CCE Spinco Inc. (Dec 20, 2005)
Master Separation Agreement - Cypress Semiconductor Corp. and SunPower Corp. (Oct 6, 2005)
Master Separation Agreement - Lazard Ltd. (May 10, 2005)
Tax Receivable Agreement - Lazard Ltd. (May 10, 2005)
Employee Benefits Agreement - Lazard Ltd. (May 10, 2005)
Standstill Agreement - DreamWorks Animation SKG Inc., Steven Spielberg, DW Lips LP, M&J K B LP, DG-DW LP and DW Investment II Inc. (Oct 2004)
Separation Agreement - DreamWorks LLC, DreamWorks Animation LLC and DreamWorks Animation SKG Inc. (Oct 2004)
Formation Agreement - DreamWorks Animation SKG Inc. and DreamWorks LLC (Oct 2004)
Master Separation Agreement - Koninklijke Philips Electronics NV and NAVTEQ Corp. (Jul 2004)
Transition Services Agreement - Resource America Inc. and Atlas America Inc. (May 14, 2004)
Master Separation and Distribution Agreement - Resource America Inc. and Atlas America Inc. (May 14, 2004)
Intellectual Property License Agreement - Motorola Inc. and Freescale Semiconductor Inc. (Apr 4, 2004)
Services Agreement - DreamWorks LLC and DreamWorks Animation SKG Inc. (2004)
Interparty Agreement - DreamWorks LLC, DreamWorks Animation SKG Inc. and Vivendi Universal Entertainment LLLP (2004)
Employee Cost Sharing Agreement - Dex Media Service LLC, Dex Media Inc., Dex Media East LLC and Dex Media West LLC (Dec 31, 2003)
Restructuring Agreement - China Life Insurance (Group) Co. and China Life Insurance Co. Ltd. (Sep 30, 2003)
Employee Matters Agreement [Amendment] - Jazz Semiconductor Inc., Conexant Systems Inc., The Carlyle Group and Newport Fab LLC (Sep 1, 2003)
Employee Matters Agreement - Palm Inc. and PalmSource Inc. (Jun 3, 2003)
Master Confidential Disclosure Agreement [Amendment No. 1] - Palm Inc. and PalmSource Inc. (Jun 3, 2003)
Master Technology Ownership and License Agreement [Amendment No. 1] - Palm Inc. and PalmSource Inc. (Jun 3, 2003)
Elaine Software License and Services Agreement - PalmSource Inc. and Palm Inc. (Jun 3, 2003)
Insurance Allocation Agreement - Northrop Grumman Space & Mission Systems Corp. and TRW Automotive Acquisition Corp. (Feb 28, 2003)
Transition Services Agreement - Northrop Grumman Space & Mission Systems Corp. and TRW Automotive Acquisition Corp. (Feb 28, 2003)
Intellectual Property License Agreement - TRW Automotive Acquisition Corp. and Northrop Grumman Corp. (Feb 28, 2003)
Development Agreement - PalmSource Inc. and Palm Inc. (Nov 26, 2002)
Transition Services Agreement - CMGI Inc. and NaviSite Inc. (Nov 25, 2002)
Intellectual Property Agreement - MediaOne TWE Holdings Inc. and Warner Communications Inc. (Aug 20, 2002)
Intellectual Property Agreement - Time Warner Entertainment Co. and Warner Communications Inc. (Aug 20, 2002)
Distribution Agreement - Time Warner Entertainment Co. LP, Warner Communications Inc. and AOL Time Warner Inc. (Aug 20, 2002)
Transition Services Agreement - Conexant Systems Inc. and SpecialtySemi Inc. (Mar 12, 2002)
Employee Matters Agreement - SpecialtySemi Inc., Conexant Systems Inc., The Carlyle Group and Newport Fab LLC (Mar 12, 2002)
Separation and Common Services Agreement - National Association of Securities Dealers Inc. and NASDAQ Stock Market Inc. (Jan 1, 2002)
Brand and Trade Name License Agreement - Time Warner Inc. and Time Warner Cable Inc. (2002)
Brand License Agreement - Warner Communications Inc. and Time Warner Cable Inc. (2002)
Business Services Agreement - Palm Inc. and PalmSource Inc. (Dec 3, 2001)
Master Patent Ownership and License Agreement - Palm Inc. and PalmSource Inc. (Dec 3, 2001)
Master Confidential Disclosure Agreement - Palm Inc. and PalmSource Inc. (Dec 3, 2001)
Limited License Agreement - KPMG Consulting Inc. and KPMG International (Oct 31, 2001)
International Asset Transfer Agreement - Adaptec Mfg (S) Pte Ltd. and Roxio CI Ltd. (May 5, 2001)
Manufacturing Services Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
Real Estate Matters Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
Employee Matters Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
Master Transitional Services Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
Master Technology Ownership And License Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
Master Patent Ownership and License Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
Indemnification and Insurance Matters Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
General Assignment and Assumption Agreement - Adaptec Inc. and Roxio Inc. (May 5, 2001)
International Asset Transfer Agreement - Adaptec Mfg (S) Pte Ltd. and Roxio CI Ltd. (Apr 1, 2001)
Manufacturing Services Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Real Estate Matters Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Employee Matters Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Master Transitional Services Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Master Technology Ownership and License Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Master Patent Ownership and License Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Indemnification and Insurance Matters Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
General Assignment and Assumption Agreement - Adaptec Inc. and Roxio Inc. (Apr 1, 2001)
Master Separation and Distribution Agreement - Adaptec Inc. and Roxio Inc. (Feb 28, 2001)
Non-Competition Agreement - KPMG Consulting LLC, KPMG Consulting Inc. and KPMG LLP (Feb 13, 2001)
Separation Agreement - KPMG Consulting LLC, KPMG Consulting Inc. and KPMG LLP (Feb 13, 2001)
Transition Services Agreement - KPMG Consulting Inc., KPMG Consulting LLC and KPMG LLP (Feb 13, 2001)
ORiNOCO Product Purchase Agreement - Agere Systems Inc. and Lucent Technologies Inc. (Feb 1, 2001)
Microelectronics Product Purchase Agreement - Agere Systems Inc. and Lucent Technologies Inc. (Feb 1, 2001)
Fiber Product Purchase Agreement - Lucent Technologies Inc. and Agere Systems Inc. (Feb 1, 2001)
Joint Design Center Operating Agreement - Lucent Technologies Inc. and Agere Systems Inc. (Feb 1, 2001)
Patent and Technology License Agreement - Lucent Technologies Inc. and Agere Systems Inc. (Feb 1, 2001)
Trademark License Agreement - Lucent Technologies Inc. and Agere Systems Inc. (Feb 1, 2001)
Separation and Distribution Agreement - Lucent Technologies Inc. and Agere Systems Inc. (Feb 1, 2001)
Technology Assignment and Joint Ownership Agreement - Lucent Technologies Inc. and Agere Systems Inc. (Jan 31, 2001)
Manufacturing Services Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Real Estate Matters Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Employee Matters Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Master Transitional Services Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Master Technology Ownership and License Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Master Patent Ownership and License Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Indemnification and Insurance Matters Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
General Assignment and Assumption Agreement - Adaptec Inc. and Roxio Inc. (Nov 2000)
Master Separation and Distribution Agreement - Adaptec Inc. and Roxio Inc. (Sep 21, 2000)
Intellectual Property Assignment Agreement - Wipro Ltd., Wipro ePeripherals Ltd. and Wipro Trademarks Holding Ltd. (Aug 30, 2000)
Trademark Licence Agreement - Wipro Ltd., Wipro ePeripherals Ltd. and Wipro Trademarks Holding Ltd. (Aug 30, 2000)
Employees Transfer Agreement - Wipro Ltd. and Wipro ePeripherals Ltd. (Aug 30, 2000)
Participation and Management Agreement - Wipro Ltd. and Wipro ePeripherals Ltd. (Aug 30, 2000)
Facilities Services Agreement - Wipro Ltd. and Wipro ePeripherals Ltd. (Aug 30, 2000)
Business Sale and Purchase Agreement - Wipro Ltd. and Wipro ePeripherals Ltd. (Aug 30, 2000)
Separation Agreement and General Release - Navisite Inc. and Robert Eisenberg (Jul 18, 2000)
Memorandum of Understanding - Wipro Ltd. and Ram N. Agarwal (Jun 30, 2000)
Valuation Services Conveyance Agreement - KPMG LLP, KPMG Consulting Inc. and KPMG Consulting LLC (Jun 30, 2000)
Separation and Common Services Agreement - National Association of Securities Dealers Inc. and NASDAQ Stock Market Inc. (Jun 28, 2000)
Separation Agreement - Youbet.com Inc. and Russell Fine (May 5, 2000)
Distribution Agreement - Intelligroup Inc. and SeraNova Inc. (Jan 1, 2000)
Services Agreement - Intelligroup Inc. and SeraNova Inc. (Jan 1, 2000)
Space Sharing Agreement - Intelligroup Inc. and SeraNova Inc. (Jan 1, 2000)
Services and Support Agreement - Premier Research Worldwide Ltd. and eResearch Technology Inc. (Jan 1, 2000)
Transfer of Assets Agreement - Adaptec Mfg (S) Pte Ltd. and Roxio CI Ltd. (2000)
Reorganization Agreement - Technology Solutions Co. and eLoyalty Corp. (2000)
Shared Services Agreement - Technology Solutions Co. and eLoyalty Corp. (2000)
Master Separation and Distribution Agreement - C-Cube Microsystems Inc. and C-Cube Semiconductor Inc. (2000)
Master Transitional Services Agreement - C-Cube Microsystems Inc. and C-Cube Semiconductor Inc. (2000)
Master Separation Agreement - Daisytek International Corp., Daisytek Inc., Priority Fulfillment Services Inc. and PFSweb Inc. (Dec 7, 1999)
Initial Public Offering and Distribution Agreement - Daisytek International Corp., Daisytek Inc. and PFSweb Inc. (Dec 7, 1999)
Separation Agreement - HNC Software Inc., Retek Inc. and Retek Information Systems Inc. (Nov 23, 1999)
Technology License Agreement - HNC Software Inc. and Retek Inc. (Nov 23, 1999)
Corporate Rights Agreement - HNC Software Inc. and Retek Inc. (Nov 23, 1999)
Agreement for Divestiture of a Line of Business - Telefonica Servicios Internet SAC and Terra Networks Peru SA (Oct 20, 1999)
Indemnification and Voting Agreement - McAfee.com Corp. and Networks Associates Inc. (Aug 20, 1999)
Services Agreement - Carlson Restaurants Worldwide Inc. and Carlson Companies Inc. (Aug 19, 1999)
Transition Services Agreement - Viacom Inc. and Blockbuster Inc. (Aug 16, 1999)
Release and Indemnification Agreement - Viacom Inc. and Blockbuster Inc. (Aug 16, 1999)
Initial Public Offering and Split-Off Agreement - Viacom Inc., Viacom International Inc. and Blockbuster Inc. (Aug 16, 1999)
Master Separation and Distribution Agreement - Hewlett-Packard Co. and Agilent Technologies Inc. (Aug 12, 1999)
Business Separation Agreement - USA Sports Group Inc., Erudite Consulting and SD Studios (Apr 28, 1999)
Transition Services Agreement - Deloitte & Touche LLP and Re:sources Connection LLC (Apr 1, 1999)
Joint Cooperation and Master Services Agreement - Networks Associates Inc. and McAfee.com (Jan 1, 1999)
Asset Contribution and Receivables Settlement Agreement - Networks Associates Inc. and McAfee.com Corp. (Jan 1, 1999)
Corporate Management Services Agreement - Networks Associates Inc. and McAfee.com Corp. (Jan 1, 1999)
License Agreement [TSC as Licensor] - Technology Solutions Co. and eLoyalty Corp. (1999)
License Agreement [eLoyalty as Licensor] - eLoyalty Corp. and Technology Solutions Co. (1999)
Formation Agreement - American Greetings Corp., AGC Investments Inc. and AmericanGreetings.com Inc. (1999)
Administrative Services Agreement - americangreetings.com inc. and American Greetings Corp. (1999)
Registration Rights Agreement - American Greetings Corp. and americangreetings.com inc. (1999)
Tax and Indemnification Agreement - americangreetings.com inc. and American Greetings Corp. (1999)
Distribution Agreement - Grand Casinos Inc. and Lakes Gaming Inc. (Dec 31, 1998)
Employee Benefits and Other Employment Matters Allocation Agreement - Grand Casinos Inc. and Lakes Gaming Inc. (Dec 31, 1998)
Intellectual Property License Agreement - Grand Casinos Inc. and Lakes Gaming Inc. (Dec 31, 1998)
Insurance Receivable Agreement - Lakes Gaming Inc. and Grand Casinos Inc. (Dec 31, 1998)
Vendor Contracts Agreement - The Advisory Board Co. and The Corporate Executive Board Co. (Jul 21, 1998)
Distribution Agreement - The Dun & Bradstreet Corp. and The New Dun & Bradstreet Corp. (Jun 30, 1998)
Employee Benefits Agreement - The Dun & Bradstreet Corp. and The New Dun & Bradstreet Corp. (Jun 30, 1998)
Intellectual Property Agreement - The Dun & Bradstreet Corp. and The New Dun & Bradstreet Corp. (Jun 30, 1998)
Shared Transaction Services Agreement - The Dun & Bradstreet Corp. and The New Dun & Bradstreet Corp. (Jun 30, 1998)
Data Services Agreement - The Dun & Bradstreet Corp. and The New Dun & Bradstreet Corp. (Jun 30, 1998)
Transition Services Agreement - The Dun & Bradstreet Corp., The New Dun & Bradstreet Corp., Cognizant Corp., IMS Health Inc., ACNielsen Corp. and Gartner Group Inc. (Jun 30, 1998)
Transition Services Agreement - The Dun & Bradstreet Corp. and The New Dun & Bradstreet Corp. (Jun 30, 1998)
Marvinco LLC Agreement - Infonautics Inc. and Marvin I. Weinberger (Feb 12, 1998)
Master Services Agreement - Executone Information Systems Inc. and Unistar Gaming Corp. (1998)
Plan of Reorganization and Distribution Agreement - Cincinnati Bell Inc. and Convergys Corp. (1998)
Employee Benefits Agreement - Cincinnati Bell Inc. and Convergys Corp. (1998)
Services Agreement - Cincinnati Bell Inc. and Convergys Corp. (1998)
Member Contracts Agreement - The Advisory Board Co. and The Corporate Advisory Board Co. (Oct 31, 1997)
Distribution Agreement - The Advisory Board Co. and The Corporate Advisory Board Co. (Oct 31, 1997)
Facilities Agreement - American Software Inc. and Logility Inc. (Aug 1, 1997)
Distribution Agreement - Equifax Inc. and ChoicePoint Inc. (Jul 31, 1997)
Transition Support Agreement - Equifax Inc. and ChoicePoint Inc. (Jul 31, 1997)
Intercompany Information Services Agreement - Equifax Inc. and ChoicePoint Inc. (Jul 1997)
Employee Benefits Agreement - Equifax Inc. and ChoicePoint Inc. (Jun 27, 1997)
Subsidiary Formation Agreement - American Software Inc. and Logility Inc. (Jan 23, 1997)
Intellectual Property Agreement - Equifax Inc. and ChoicePoint Inc. (1997)
Corporate Services Agreement - Science Applications International Corp. and Network Solutions Inc. (1997)
Noncompetition and Corporate Opportunities Allocation Agreement - Science Applications International Corp. and Network Solutions Inc. (1997)
Retirement / Resignation Agreement - Krispy Kreme Doughnut Corp. and J. A. McAleer Jr. (Feb 15, 1994)
Services Agreement - American Software Inc. and Logility Inc. (Aug 1, 1977)
Assigned Trademarks and Technology Agreement - Adaptec Inc. and Roxio Inc.
Reimbursement Agreement - Time Warner Cable Inc., AOL Time Warner Inc., Warner Communications Inc., American Television and Communications Corp. and Time Warner Entertainment Co. LP
Partnership Interest Sale Agreement - Time Warner Cable Inc., AOL Time Warner Inc., AT&T Corp. and MediaOne of Colorado Inc.
Parent Agreement - Time Warner Cable Inc., AOL Time Warner Inc. and AT&T Corp.
Member Distribution Agreement for KPMG LLP Qualified Partners - KPMG Consulting LLC, KPMG Consulting Inc. and KPMG LLP
Member Distribution Agreement for KPMG Consulting Qualified Employees - KPMG Consulting LLC, KPMG Consulting Inc. and KPMG LLP
Member Distribution Agreement for KPMG Consulting Non-Qualified Employees - KPMG Consulting LLC, KPMG Consulting Inc. and KPMG LLP
Member Agreement for KPMG Consulting Non-Eligible Employees - KPMG Consulting LLC, KPMG Consulting Inc. and KPMG LLP